Carnival (CCL) Enterprise Value (2009 - 2026)
Carnival's Enterprise Value came in at $30.92 billion for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 12.8% from $35.47 billion a year earlier and down 14.6% from the prior quarter.
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Analysis
Carnival (CCL) Enterprise Value (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Carnival reported Enterprise Value of $25.33 billion, down 19.0% year-over-year; for FY2025 (ended Nov 30, 2025), it was $29.97 billion, up 5.5% from FY2024.
- Enterprise Value has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 38.1% (FY2020 to FY2025).
- Going back by fiscal year, Enterprise Value was $28.4 billion in FY2024 (+96.6%), $14.44 billion in FY2023 (+105.5%), $7.03 billion in FY2022 (-14.7%) and $8.24 billion in FY2021 (+38.0%).
- The five-year range for quarterly Enterprise Value is $3.46 billion (fiscal Q3 2022) to $37.68 billion (fiscal Q1 2026).
- Year-over-year, Enterprise Value increased in seven of the last eight quarters, with growth averaging 51.7%.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q3 2023 (growth of 330.3%), and the weakest in fiscal Q3 2022 (a decline of 78.2%).
- Business Quant data shows CCL's Enterprise Value at $36.21 billion (Q2 2026), $37.68 billion (Q1 2026) and $29.97 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 30.92 Bn |
| May 31, 2026 | 36.21 Bn |
| Feb 28, 2026 | 37.68 Bn |
| Nov 30, 2025 | 29.97 Bn |
| Aug 31, 2025 | 35.47 Bn |
| May 31, 2025 | 24.96 Bn |
| Feb 28, 2025 | 27.08 Bn |
| Nov 30, 2024 | 28.40 Bn |
| Aug 31, 2024 | 17.52 Bn |
| May 31, 2024 | 15.28 Bn |
| Feb 29, 2024 | 15.56 Bn |
| Nov 30, 2023 | 14.44 Bn |
| Aug 31, 2023 | 14.87 Bn |
| May 31, 2023 | 8.10 Bn |
| Feb 28, 2023 | 6.40 Bn |
| Nov 30, 2022 | 7.03 Bn |
| Aug 31, 2022 | 3.46 Bn |
| May 31, 2022 | 6.60 Bn |
| Feb 28, 2022 | 13.19 Bn |
| Nov 30, 2021 | 8.24 Bn |
API Access
Carnival Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();